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Fervo Energy stock rises after Cape Station achieves first power
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Cantor Fitzgerald reiterates Roivant Sciences stock rating
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Cantor Fitzgerald reiterates Aclaris stock rating on LP opportunity
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Toyota Motor Credit lists €750m notes on London exchange
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Guinness VCT approves share buyback, director re-elections
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Kalshi could be worth $42 billion—if it can survive the Supreme Court unscathed
Good morning. On Fortune’s radar today: Exclusive: Disney is no longer the king of the theme park world. Kalshi valuation could be $42 billion. We got our hands on Meta’s new AI-powered smart glasses and wristband. AI hyperscalers have roughly one more year to start showing ROI. Markets: Global bond selloff forces stock markets into…
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Kevin Warsh might have to get a lot less popular on Capitol Hill as bond yields soar and rate expectations turn hawkish
Kevin Warsh has—so far—managed to walk the line between his popularity in the White House and reassuring markets of Fed independence. That balance is getting more precarious, as data is shaping up towards expectations for another base interest rate hike at the conclusion of the next Federal Open Market Committee (FOMC) meeting in October. Expectations…
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A $499 checkup gave me a peek at the future of AI-powered health care
In today’s CEO Daily: Can AI make health care better—and cheaper? The big leadership story: Travis Kalanick’s return to Silicon Valley The markets: Surging Treasury yields spark a selloff. Plus: All the news and watercooler chat from Fortune. Good morning. Earlier this week, I got an AI-powered physical exam that frankly wowed me, from a…
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AI could make more companies worth hacking, Anthropic report suggests
As AI reduces the amount of expertise needed to conduct cyberattacks, it is widening the number of companies that might make tempting targets. That’s one implication of a number of findings from Anthropic’s most recent Threat Intelligence report published earlier this month. The report provided plenty of examples of the way powerful AI models are…